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tc of house hold 380k cost daycare 1600 mortgage 4000 no car payment currently can i afford used lexus rx 350? 35k for 2017 model. I would like to have more space for my kid so looking for some nice spacious car.
If you need to ask then you don't pay attention to budgeting
Maybe only 2016, but it’s going to be a tough call for 2017.
Try 2014 model. It’s cheaper and more affordable. Car depreciation reduces after 5 years.
OP, with that kind of TC, how are you not able to figure this out? Of course you could afford it. The question is really what 'you' want to spend your money on versus investments.
Ok guys. What if I change the question slightly. “Would you buy a 35k car if you make 380k?”
I wouldn't. New RAV4 hybrid has 40 mpg. With one kid, do you really want rx? It's a much bigger car
If you’re asking on blind then you probably shouldn’t be in charge of money of any amount.
Yes and finance the car. Any interest rate below 3% is almost giving your money for free (inflation)
Get a Tesla. Be cool like everyone else.
Buy it. It’s used, so not wasting money. Counting the residual value, it will cost you ~5000 each year.
Age? What does the wifey do?
What’s your question?
can i afford used lexus rx 350? 35k for 2017 model.
You make $380k a year, I think you know better what you can afford or not, not someone here on blind. But you are on the right path, getting used car to save money